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296. Gary Stevenson- how would a wealth tax help those on low incomes?

The Rest Is Money | Jul 15 2026 | 00:36:43

What impact would a 2% wealth tax on people with £10 million have? If you tax the rich more will it bring down the cost of living for everyone else? How will this help the shortfall of affordable homes? What about the North South divide? Will it reduce the one million NEETs the country has? Will it grow the economy?

 Inequality economist Gary Stevenson is back to tell us why taxing millionaires is the way to make things fairer. Robert and Steph have a lively debate about whether wealth taxes are enough.

The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.

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Video Editor: Dylan Bonham

Producer: Isabelle Bougeard

Exec Producers: Chris Sawyer and Tom Whiter
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